Last update: Oct 2026

Cost of Living Comparison Between Australia and Latvia

Name: Latvia
Address: LV

For one person, living is cheaper in Latvia: $1,415 a month against $2,626 in Australia, rent and utilities included – about $14,500 less a year. Rent and utilities account for most of the difference.

125

Cost of Living Index in Australia
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Australia Living Index
68

Cost of Living Index in Latvia
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Latvia Living Index

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🇦🇺 Australia

$2,626

/mo nomad

🇱🇻 Latvia

$1,415

/mo nomad

Monthly Cost of Living

How much you'll spend in Australia and in Latvia

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Australia and in Latvia actually costs, broken down by who's living it.

A single person spends $2,626 per month in Australia vs $1,415 in Latvia, rent included.

Australia $2,626
Latvia $1,415

A couple spends around $3,810 per month in Australia vs $2,149 in Latvia, rent included.

Australia $3,810
Latvia $2,149

A family of three spends $4,994 per month in Australia vs $2,883 in Latvia, rent included.

Australia $4,994
Latvia $2,883

The regional cost range is wider in Australia ($1,068–$3,303) than in Latvia ($44–$1,614), so city choice matters more there.

The cost of living in Australia is about 86% higher than in Latvia on average.

Both Australia and Latvia are pricier than the global median – Australia by 93%, Latvia by 4%.

Meal at Budget Restaurant

$17.65 A$25.10

$13.55 €12.14

30.26%

Three-Course Dinner for Two, Mid-Range

$85.2 A$121

$56.2 €50.4

51.54%

Fast Food Meal (McDonalds, etc)

$11.09 A$15.77

$8.19 €7.34

35.41%

Cappuccino

$3.90 A$5.54

$3.25 €2.91

20.00%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.85 A$4.05

$1.58 €1.41

80.38%

Water (0.33 liter bottle)

$2.31 A$3.29

$1.21 €1.08

90.91%

Local Beer (0.5 liter draught)

$7.53 A$10.71

$5.02 €4.50

50.00%

Imported Beer (0.33 liter bottle)

$8.59 A$12.21

$4.51 €4.04

90.47%

Milk (1 liter)

$1.76 A$2.50

$1.20 €1.08

46.67%

White Bread (500g)

$2.81 A$3.99

$1.55 €1.39

81.29%

Rice (white) (1kg)

$2.24 A$3.19

$2.54 €2.27

-11.81%

Eggs

$5.02 A$7.14

$3.53 €3.17

42.21%

Local Cheese (1kg)

$9.87 A$14.03

$10.39 €9.31

-5.00%

Chicken Fillets (1kg)

$9.32 A$13.25

$8.15 €7.30

14.36%

Beef Round Steak (1kg)

$14.86 A$21.14

$14.07 €12.61

5.61%

Apples (1kg)

$3.82 A$5.43

$1.94 €1.74

96.91%

Banana (1kg)

$2.92 A$4.16

$1.74 €1.56

67.82%

Oranges (1kg)

$3.13 A$4.46

$2.52 €2.26

24.21%

Tomato (1kg)

$4.81 A$6.84

$3.16 €2.83

52.22%

Potato (1kg)

$2.80 A$3.98

$0.88 €0.79

218.18%

Onion (1kg)

$2.38 A$3.38

$0.92 €0.82

158.70%

Lettuce (1 head)

$2.37 A$3.37

$1.67 €1.50

41.92%

Water (1.5 liter bottle)

$1.65 A$2.35

$0.96 €0.86

71.88%

Cigarettes 20 Pack (Marlboro, Camel)

$39.13 A$55.7

$6.09 €5.46

542.53%

Wine (Bottle)

$13.93 A$19.81

$7.91 €7.08

76.11%

Local Beer (0.5 liter bottle)

$4.96 A$7.05

$1.77 €1.59

180.23%

Imported Beer (0.33 liter bottle)

$5.17 A$7.36

$1.94 €1.74

166.49%

One-way Ticket (Public Transport)

$2.42 A$3.44

$1.64 €1.47

47.56%

Public Transport Monthly Pass (Regular Price)

$94.6 A$135

$34.19 €30.64

176.72%

Taxi Start (Normal Tariff)

$3.49 A$4.97

$3.41 €3.05

2.35%

Taxi (Normal Tariff) (1km)

$1.60 A$2.27

$0.81 €0.72

97.53%

Taxi 1hour Waiting (Normal Tariff)

$39.84 A$56.7

$16.31 €14.62

144.27%

Gasoline (1 liter)

$1.39 A$1.98

$1.92 €1.72

-27.60%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$30.0K A$42.7K

$27.7K €24.9K

8.15%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$25.8K A$36.6K

$30.3K €27.1K

-14.93%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$205 A$292

$319 €286

-35.66%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$28.33 A$40.30

$17.66 €15.82

60.42%

Internet (50+ Mbps, Unlimited Data)

$58.8 A$83.6

$18.58 €16.65

216.31%

Gym Membership (Monthly)

$55.7 A$79.2

$43.98 €39.41

26.53%

Tennis Court (1 Hour on Weekend)

$19.57 A$27.84

$34.52 €30.94

-43.31%

Cinema Ticket

$15.38 A$21.87

$9.94 €8.91

54.73%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$2,145 A$3,051

$641 €574

234.92%

International Primary School, 1 Child (Yearly)

$18.3K A$26.1K

$17.0K €15.2K

8.26%

Jeans (Levis 501 Or Similar)

$78.3 A$111

$78.1 €70.0

0.29%

Summer Dress (H&M, Zara, etc)

$56.3 A$80.0

$46.22 €41.42

21.74%

Sport Shoes (Adidas, Nike)

$115 A$164

$93.4 €83.7

23.26%

Men's Leather Business Shoes

$123 A$175

$137 €123

-10.23%

1-bedroom Apartment, City Center (Monthly)

$1,591 A$2,263

$434 €389

266.75%

1-bedroom Apartment, Outside City Center (Monthly)

$1,293 A$1,839

$308 €276

320.01%

3-bedroom Apartment, City Center (Monthly)

$2,524 A$3,591

$927 €831

172.21%

3-bedroom Apartment, Outside City Center (Monthly)

$2,005 A$2,852

$563 €505

255.92%

Buy Apartment in City Center (m2)

$8,751 A$12.4K

$2,383 €2,136

267.18%

Buy Apartment Outside City Center (m2)

$6,260 A$8,904

$1,527 €1,368

309.93%

Average Monthly Net Salary (After Tax)

$3,984 A$5,666

$1,263 €1,132

215.49%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.93

4.48

32.37%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Australia: October 27, 2026

Last update for Latvia: October 24, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Australia

$1.3K 49.2%

Latvia

$308 21.8% 76.2% $985

Groceries & Markets

Australia

$374 14.3%

Latvia

$263 18.6% 29.7% $111

Eating Out

Australia

$297 11.3%

Latvia

$217 15.4% 26.8% $79

Monthly Utilities & Internet

Australia

$292 11.1%

Latvia

$355 25.1% 21.5% $63

Clothing & Footwear

Australia

$168 6.4%

Latvia

$160 11.3% 4.8% $8.1

Getting Around

Australia

$116 4.4%

Latvia

$48 3.4% 58.4% $68

Sport & Entertainment

Australia

$86 3.3%

Latvia

$64 4.5% 26.1% $23

Cost Breakdown

Average rent: $1,383 in Australia vs $301 in Latvia. For reference, capital cities sit at $1,749 in Canberra and $621 in Riga.

Average salary: $3,874 in Australia vs $967 in Latvia. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 359% higher in Australia.

Dining out costs 53% more in Australia.

Public transport is 121% more expensive in Australia.

Salaries are about 4 times higher in Australia, and purchasing power comes out stronger in Australia.

Good to know

🇦🇺 Australia

🇱🇻 Latvia

🕒 Local time

19:49 7:49 PM

10:49 10:49 AM

9 h behind Australia

🌤 Weather

👥 Population

26,473,055

1,871,882

💱 Currency

Australian Dollar AUD $

Euro EUR €

📈 Exchange rate

1 AUD = 0.703 USD

1 AUD = 0.63 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to AUD – Australian Dollar Converter

🇺🇸 United States Dollar ($)

🇦🇺 Australian Dollar ($)

Australian Dollar exchange rates as of November 2, 2026: 1 USD = 1.42 AUD (1 AUD = 0.703 USD). 1 EUR = 1.59 AUD (1 AUD = 0.63 EUR).

Euro exchange rates as of November 2, 2026: 1 USD = 0.896 EUR (1 EUR = 1.12 USD).

USD to AUD in detail →

On the map

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Between locations

Australia Latvia 15,310 km ≈ 20 h nonstop flight

From you

Australia
Latvia

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Australia vs Latvia: Cost of Living - Frequently Asked Questions

Latvia is the cheaper option – living costs run roughly 46% lower on average.

Housing costs more in Australia: a central one-bedroom averages $1,383 versus $301 in Latvia.

Groceries, public transport, and eating out all cost less in Latvia – part of why living there is about 46% cheaper overall.

Latvia is the budget-friendly choice for expats. But cost isn’t everything: visa policies, language, healthcare quality, and job markets all weigh in too.